Transcript Recommendations of FOIR COMMITTEE TO SUGGEST RESTRUCTURING

FORUM OF INDIAN REGULATORS

There would be 15 Members in the Governing
Body comprising:
 Chairman (1)
 Vice Chairmen (6)
 Members (8)

Senior most Vice Chairman having tenure of at least six
months may be elected as the Chairman.

Seniority shall be decided based on the date of
appointment as Chairperson of the respective Regulatory
Institution.

Only Chairpersons of Regulatory Commissions or Authorities shall
be eligible for the posts of Vice Chairmen

Three Vice Chairmen shall be from Central Infrastructure Sector

2 Vice Chairmen from State Electricity Regulatory Commission

1 Vice Chairman from Financial Sector

In the event of a Vice Chairman being elevated as Chairperson, the
vacancy of Vice Chairman shall be filled up by representative of the
sector to which the outgoing Vice Chairman belonged

4 from SERCs

1 from Central Infrastructure Sector

1 from Financial Infrastructure

Honorary Secretary (from CERC)

Honorary Treasurer (from CERC)




Out of Six (6) representatives from SERCs in the
Governing Body, three (3) shall be Chairmen of
SERCs & three (3) shall be Members of SERCs
which will be decided on the basis of their
seniority.
Out of three Chairmen of SERCs, two senior most
Chairpersons could be Vice Chairmen. Seniority of
the Chairpersons / Members of SERCs would be
decided on the basis of their tenure in the
Regulatory Commission as Chairman / Member.
Any vacancy against a sector other than electricity
sector would be allocated to SERCs.
In the event of unforeseen circumstances, the
election shall be by secret ballot.